This proposal will start the bootstrapping period for trading pair INTR/aUSD on Acala Swap.
- Enable Bootstrap for INTR/aUSD pool at block #1561482 (est. 2022/08/02 14:00 UTC)
- 48 hours of bootstrapping period ends at #1575881 (est. 2022/08/04 14:00 UTC)
- Minimum liquidity target is 625,000 INTR OR 50,000 aUSD
- Minimum contribution requirement is 50 INTR OR 5 aUSD
No trading is allowed during Bootstrap, and trading can only be enabled once the following criteria are met:
- The Not Before block #1575881 (est. 2022/08/04 14:00 UTC) has passed AND
- Either the pool has 625,000 INTR OR 50,000 aUSD in liquidity
- Both INTR & aUSD have >0 liquidity
If this referendum passes, and Bootstrap kicks off:
- It will start at block #1561482 til #1575881 (roughly 48 hours)
- No trading is allowed during this period
- You can contribute liquidity for INTR, or aUSD, or INTR & aUSD at the same time. The actual exchange rate of INTR/aUSD can only be known once the Bootstrap is completed .
- At the time of your contribution, you are allocated a number of LP tokens, and indicative LP shares of the pool, which are subject to change as more liquidity is added.
- You should only participate if you want to become a liquidity provider for the pool. Please be aware of various risks associated with being a liquidity provider.
- If you just want to trade, then please wait till the trading is enabled.
Interlay has allocated 440,000 INTR for an incentive program for the liquidity provider of INTR/aUSD pool with a total duration of 90 days.
- Pool Incentives:
- INTR: 440,000 INTR Tokens
- ACA: 10,000 ACA Tokens
- Duration: from block #1575881 (est. 2022/08/04 14:00 UTC) to #2223881 (est. 2022/11/02 14:00 UTC)
- Loyalty Bonus Percentage: 50%
- Claim rewards before loyalty program ends will void loyalty bonus, which is 50% of the rewards. Read more here.
Claim rewards after loyalty program ends (#2223881) will be eligible for the loyalty bonus.